Common use of POSTPONEMENT OF DELIVERY OF CERTIFICATES Clause in Contracts

POSTPONEMENT OF DELIVERY OF CERTIFICATES. The Sellers shall not be ---------------------------------------- required to deliver certificates in respect of Common Shares during the period when the stock transfer books of the Corporation are closed by law and in the event of a surrender of a Warrant for the subscription for Common Shares during such period, the delivery of certificates may be postponed for a period not exceeding five (5) Business Days after the date of the re-opening of the stock transfer books.

POSTPONEMENT OF DELIVERY OF CERTIFICATES. The Sellers Corporation shall not be ---------------------------------------- required to deliver certificates in respect of Common Shares during the period when the stock transfer books of the Corporation are closed by law and in the event of a surrender of a Warrant for the subscription for Common Shares during such period, the delivery of certificates may be postponed for a period not exceeding five three (53) Business Days after the date of the re-opening of the stock transfer books.

POSTPONEMENT OF DELIVERY OF CERTIFICATES. The Sellers Company shall not be ---------------------------------------- required to deliver certificates in respect of Common Shares Underlying Securities during the any period when the stock transfer books of the Corporation Company are closed by law and in the event of a surrender an exercise or deemed exercise of a Special Warrant for the subscription for Common Shares during such period, the delivery of certificates evidencing such Underlying Securities may be postponed for a period not exceeding five (5) Business Days after the date of the re-opening of the stock transfer books.

POSTPONEMENT OF DELIVERY OF CERTIFICATES. The Sellers Corporation shall not be ---------------------------------------- required to deliver certificates in respect of Common Shares during the period when the stock transfer books of the Corporation are closed by law and in the event of a surrender of a Warrant for the subscription for Common Shares during such period, the delivery of certificates may be postponed for a period not exceeding five (5) Business Days after the date of the re-opening of the stock transfer books.